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Venari Minerals Expands Asset Base with New Securities Issuance

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Venari Minerals Expands Asset Base with New Securities Issuance

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Astro Resources NL ( (AU:VMS) ) just unveiled an announcement.

Venari Minerals NL has announced the issuance of 1,950,000 ordinary fully paid securities as part of a binding Option Agreement to acquire a property and private water rights in Railroad Valley, Nevada. This strategic move aims to strengthen the company’s asset base and operational capacity, potentially impacting its market positioning and stakeholder interests positively.

The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.

More about Astro Resources NL

Venari Minerals NL operates in the mining industry, focusing on the acquisition and development of mineral properties. The company is involved in securing valuable resources, such as minerals and associated rights, to enhance its market presence and operational capabilities.

Average Trading Volume: 195,856

Technical Sentiment Signal: Sell

Current Market Cap: A$17.44M

See more data about VMS stock on TipRanks’ Stock Analysis page.

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